Reward Black Credit Card

Cookies on the NatWest website

Privacy Notice:

We use cookies and similar technologies on our websites and mobile applications to help provide you with the best possible online experience. By using our sites and apps, you agree that we may store and access cookies and similar technologies on your device.

Earn between 1% and 15% in Rewards when you spend at selected MyRewards retailers

We work with selected partners to provide you with personalised monthly offers from a list of retailers. You’ll be able to see your own offers by logging into the MyRewards portal once you’ve received your new credit card. You can see a selection of our partner retailers below.

Remember that all Rewards offers are subject to the retailers’ terms, conditions and exclusions.

As soon as your available Rewards balance is the equivalent of £5 or more, you can convert them to money into your bank account, gift cards from our selected partner retailers or charitable donations to our selected charities.

Use our online calculator to get an indication of how much you’ll earn based on your own spending

We’ll charge a £84 annual fee when you first use your Reward Black credit card account (for example, by making a purchase or a balance transfer) and then each following year on the anniversary of that date.

Annual fee refund

If you hold or open one of our Reward Black current account, we’ll refund any annual fees that are charged to your Reward credit card account while the current account remains open. Each annual fee and refund will show on the same monthly credit card statement.

We’ll not refund all or part of any annual fee charged to your credit card account before you open a Reward Black current account, or after it is closed.

To get a Reward Black current account, you need to be aged 18 or over and UK resident, with either (i) £100,000 of annual personal income (paid into the current account); (ii) a NatWest mortgage of at least £300,000; or (iii) £100,000 of NatWest savings and investments. £28 monthly fee applies.

What is the Representative example?

The representative example is used as an indication of typical costs of a credit card. In some cases your actual credit limit and APR may vary depending on our credit assessment of you.

Purchase Rate is an interest charged when you buy things with your credit card. This is only applied to your balance if you don’t pay it in full by the end of interest free period (maximum of 56 days).

The Representative APR shows the annual percentage rate that’s used to work out how much it costs to borrow money. The APR includes any upfront fees spread over the period for which you borrow the money.

Assumed credit limit shows how much you can spend on your credit card. This is calculated based on your personal circumstances and it can vary from the figure shown on the Representative example. It’s important you don’t go over the credit limit to avoid additional fees.

Annual fee will be charged when you first use your credit card account (for example, by making a purchase or a balance transfer) and then each following year on the anniversary of that date.

Interest on fees and charges is payable in line with our terms and conditions. See the summary box document for more details. Always aim to pay off your credit card balance every month to make sure the benefit of Rewards outweighs any interest costs.